Short Interest in Schwab Government Money Market ETF (NYSEARCA:SGVT) Declines By 96.3%

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 4,890 shares, a decline of 96.3% from the January 15th total of 132,115 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 251,024 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 251,024 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Schwab Government Money Market ETF

A number of institutional investors have recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new position in shares of Schwab Government Money Market ETF in the third quarter worth approximately $25,000. GW&K Investment Management LLC purchased a new stake in Schwab Government Money Market ETF during the 3rd quarter valued at $26,000. Hartford Financial Management Inc. bought a new stake in Schwab Government Money Market ETF in the 4th quarter worth $53,000. WealthShield Partners LLC grew its holdings in Schwab Government Money Market ETF by 61.1% in the 3rd quarter. WealthShield Partners LLC now owns 1,588 shares of the company’s stock worth $160,000 after acquiring an additional 602 shares during the last quarter. Finally, Harbour Investments Inc. purchased a new position in shares of Schwab Government Money Market ETF in the fourth quarter valued at about $62,000.

Schwab Government Money Market ETF Trading Up 0.0%

Shares of NYSEARCA SGVT traded up $0.01 during midday trading on Tuesday, reaching $100.53. The company had a trading volume of 281,859 shares, compared to its average volume of 247,669. Schwab Government Money Market ETF has a one year low of $100.01 and a one year high of $100.77. The firm’s fifty day moving average price is $100.56 and its 200-day moving average price is $100.51.

Schwab Government Money Market ETF Company Profile

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.